國立高雄大學圖資館 |

Language: English

Back to Search results for [ subject:"Investments and Securities." ]

The government of marketshow interwa...

Saleuddin, Rasheed.

The government of marketshow interwar collaborations between the CBOT and the state created modern futures trading /

Record Type:	Electronic resources : Monograph/item
Title/Author:	The government of marketsby Rasheed Saleuddin.
Reminder of title:	how interwar collaborations between the CBOT and the state created modern futures trading /
Author:	Saleuddin, Rasheed.
Published:	Cham :Springer International Publishing :2018.
Description:	xix, 321 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	FuturesHistory.
Online resource:	https://doi.org/10.1007/978-3-319-93184-5
ISBN:	9783319931845$q(electronic bk.)

The government of marketshow interwar collaborations between the CBOT and the state created modern futures trading /
Saleuddin, Rasheed.

The government of marketshow interwar collaborations between the CBOT and the state created modern futures trading /[electronic resource] :by Rasheed Saleuddin. - Cham :Springer International Publishing :2018. - xix, 321 p. :ill., digital ;24 cm. - Palgrave studies in the history of finance. - Palgrave studies in the history of finance..

Chapter 1. Introduction--The Interwar Coming of Age of Modern Futures Markets, Institutions and Governance -- Chapter 2. The Wild Midwest -- Chapter 3. The Grain Futures Act of 1922 and the Dominance of the CBOT -- Chapter 4. The Co-construction of Modern Futures Markets, 1923-26 -- Chapter 5. Legitimising the Grain Gambler and the Commodity Exchange Act of 1936 -- Chapter 6. The Legacy, Causes and Relevance of Interwar Futures Market Regulation.

Absent evidence to the contrary, it is usually assumed that US financial markets developed in spite of government attempts to regulate, and therefore laissez faire is the best approach for developing critically important and enduring market institutions. This book makes heavy use of extensive archival sources that are no longer publicly available to describe in detail the discussions inside the CBOT and the often private and confidential negotiations between industry leaders and government officials. This work suggests that, contrary to the accepted story, what we now know of as modern futures markets were heavily co-constructed through a meaningful long-term collaboration between a progressive CBOT leadership and an extremely knowledgeable and pragmatic US federal government. The industry leaders had a difficult time evolving the modern institutions in the face of powerful reactionary internal forces. Yet in the end the CBOT, by co-opting and cooperating with federal officials, led the exchange and Chicago markets in general to a near century of global dominance. On the federal government side, knowledgeable technocrats and inspired politicians led an information and analysis explosion while interacting with industry, both formally and informally, to craft better markets for all.

ISBN: 9783319931845$q(electronic bk.)

Standard No.: 10.1007/978-3-319-93184-5doiSubjects--Topical Terms:

825801
Futures
--History.

LC Class. No.: HG6024.A3 / S35 2018

Dewey Class. No.: 332.6452

The government of marketshow interwar collaborations between the CBOT and the state created modern futures trading /
LDR:02847nmm a2200337 a 4500 001 546779
003 DE-He213
005 20190509153306.0
006 m d
007 cr nn 008maaau
008 190627s2018 gw s 0 eng d
020 $a 9783319931845$q(electronic bk.)
020 $a 9783319931838$q(paper)
024 7 $a 10.1007/978-3-319-93184-5 $2 doi
035 $a 978-3-319-93184-5
040 $a GP $c GP
041 0 $a eng
050 4 $a HG6024.A3 $b S35 2018
072 7 $a KFF $2 bicssc
072 7 $a BUS023000 $2 bisacsh
072 7 $a KFF $2 thema
082 0 4 $a 332.6452 $2 23
090 $a HG6024.A3 $b S163 2018
100 1 $a Saleuddin, Rasheed. $3 825800
245 1 4 $a The government of markets $h [electronic resource] : $b how interwar collaborations between the CBOT and the state created modern futures trading / $c by Rasheed Saleuddin.
260 $a Cham : $b Springer International Publishing : $b Imprint: Palgrave Macmillan, $c 2018.
300 $a xix, 321 p. : $b ill., digital ; $c 24 cm.
490 1 $a Palgrave studies in the history of finance
505 0 $a Chapter 1. Introduction--The Interwar Coming of Age of Modern Futures Markets, Institutions and Governance -- Chapter 2. The Wild Midwest -- Chapter 3. The Grain Futures Act of 1922 and the Dominance of the CBOT -- Chapter 4. The Co-construction of Modern Futures Markets, 1923-26 -- Chapter 5. Legitimising the Grain Gambler and the Commodity Exchange Act of 1936 -- Chapter 6. The Legacy, Causes and Relevance of Interwar Futures Market Regulation.
520 $a Absent evidence to the contrary, it is usually assumed that US financial markets developed in spite of government attempts to regulate, and therefore laissez faire is the best approach for developing critically important and enduring market institutions. This book makes heavy use of extensive archival sources that are no longer publicly available to describe in detail the discussions inside the CBOT and the often private and confidential negotiations between industry leaders and government officials. This work suggests that, contrary to the accepted story, what we now know of as modern futures markets were heavily co-constructed through a meaningful long-term collaboration between a progressive CBOT leadership and an extremely knowledgeable and pragmatic US federal government. The industry leaders had a difficult time evolving the modern institutions in the face of powerful reactionary internal forces. Yet in the end the CBOT, by co-opting and cooperating with federal officials, led the exchange and Chicago markets in general to a near century of global dominance. On the federal government side, knowledgeable technocrats and inspired politicians led an information and analysis explosion while interacting with industry, both formally and informally, to craft better markets for all.
650 0 $a Futures $x History. $3 825801
650 1 4 $a Financial History. $3 739649
650 2 4 $a Investments and Securities. $3 739860
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer eBooks
830 0 $a Palgrave studies in the history of finance. $3 685927
856 4 0 $u https://doi.org/10.1007/978-3-319-93184-5
950 $a Economics and Finance (Springer-41170)